The Booming Boomerang Generation
The rise in trend of young adults moving back with their parents
Until the early 1990s, most children left their parents’ homes by the age of seventeen to attend a university or enter the labor market (Spoonley, 2020, p. 40). In either case, they started living independently, away from their parents. However, this trend slowly started to transition. The young adult children began returning to their parents’ homes for several reasons, primarily the increase in the cost of living, higher student debts, and lower wages. This generation of young adults is called the Boomerang generation; adult kids boomeranging right back to their parents’ homes.
Why are young adult children returning to their parental homes?
With more and more young adults wanting to pursue higher levels of education immediately after graduation, only a few of them take up jobs to accumulate savings before investing in further education. Instead, these young adults choose to stay with their parents to avoid additional expenses like house rental and independent living costs and complete their studies first.
The younger generations are less sure of their chosen careers. So, to compensate for the future uncertainties, these adult children move back to their parents’…
